SOL: To the Moon… Or Just Around the Block? 🚀

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The digital dust hasn’t even settled, you understand, and already these… indicators are whispering of upward momentum. Solana, that fleeting phantom of the cryptographic ether, briefly touched the $135 mark, a gesture as ephemeral as a stolen glance. It’s settled, now, above it, like a weary traveler finding a patch of dry ground amidst a deluge of numbers. A yearning for $140, they say. As if a few decimal places could fill the void.

  • It shifted, you see. A barely perceptible tremor in the vast, indifferent landscape of the market. Above $135, then $138. Against the… Dollar. That ubiquitous symbol of earthly constraint.
  • It hovers, this price, above the 100-hourly simple moving average. Such precision! One wonders if the algorithms feel the weight of it all.
  • A ‘contracting triangle’ they call it. A geometrical fancy dreamt up by those who believe reality can be contained within lines on a chart. At $138, naturally. Because numbers must always have a place to be.
  • Should it breach $140, the gains, naturally, will extend. As if these digital tokens possess a will to conquer. 🙄

The Illusion of Ascent

It mirrored the movements of Bitcoin and Ethereum, a pale imitation. Solana’s little climb above $130. It wasn’t a roar, more of a polite cough. Then, a fleeting glimpse of $142-a momentary defiance of gravity. And like all such things, a slippage, a retreat, a humbling return to the 50% Fib retracement level. Such drama!

It rests now, comfortably, above $138. And that average, that 100-hourly…moving thing. The triangle looms, a paper prison of expectation. One suspects, it’s a preordained narrative sold to those who crave certainty in a world built on illusion.

Resistance lurks near $140, a digital tollbooth. Then $142. And, oh, the grand ambition of $145! A break through that, and the path to $150 opens. Then, reportedly, $155. Of course. Why stop at a reasonable number? We must always strive for… more. 🤷

The Inevitable Descent?

But what if it falters? What if the illusion cracks? If Solana cannot grasp $142? Another decline, they warn. Back to the comforts of $138, the trend line, the 76.4% Fib retracement. (As if percentages hold any true meaning.) $136 offers some solace. A temporary reprieve from the onward rush of time.

Below $136… a precipice. Down to $130. And then, if all else fails, the long, slow fall to $120. Such is the fate of all things, digital or otherwise. A slow, relentless decay.

These ’technical indicators’… A peculiar obsession. The MACD loses pace. The RSI surpasses 50. Details, all details. Like trying to chart the course of a dream.

Support: $138, $136. Resistance: $140, $142. The numbers circle, offering no answers, only the illusion of control.

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2026-01-07 08:14